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I am Perry Peterson, a retired auditor and tax accountant. My wife Valeta and I live along the front range of the beautiful Colorado Rocky Mountains.

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January 19, 2018

The Dow's 31% gain during Trump's first year is the best since Franklin Roosevelt

Donald Trump lifted the Dow Jones industrial average in his first year in office more than any other president since Franklin Roosevelt.

The Dow has surged more than 31 percent since Trump's inauguration on Jan. 20, 2017. That marks the index's best performance during a president's first year since Roosevelt. The Dow skyrocketed 96.5 percent during Roosevelt's first year in office.

The Dow’s performance during the first of the presidents shown below:

"This is all about policy," said Bruce Bittles, chief investment strategist at Baird. "You've got lower taxes, less regulation and confidence in the economy is high. Things are firing on all cylinders."
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